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WTO Doha deal would make the world US$11t richer: economists

Geneva

SEALING a global free trade deal would add US$11 trillion to the world economy and pull 160 million people out of poverty by 2030, economists said in a study published on Tuesday.

Member states of the World Trade Organization launched negotiations in 2001 in the Qatari capital Doha for a global deal on slashing trade tariffs and removing subsidies, but have failed to reach an agreement.

Economists commissioned by think-tank Copenhagen Consensus Centre said, however, in a series of studies published...

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